{"id":543955,"date":"2023-07-24T14:30:15","date_gmt":"2023-07-24T14:30:15","guid":{"rendered":"https:\/\/uniquehot.com\/?p=543955"},"modified":"2024-06-11T08:11:39","modified_gmt":"2024-06-11T08:11:39","slug":"bitcoin-sharks-continue-accumulation-whales-stagnate","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","title":{"rendered":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate"},"content":{"rendered":"

On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.<\/p>\n

Bitcoin Sharks Have Continued To Go Up In Number Recently<\/h2>\n

According to data from the on-chain analytics firm Santiment<\/a>, the number of whales on the Bitcoin blockchain has observed a slight decline during the last couple of months.<\/p>\n

The relevant indicator here is the “Supply Distribution<\/a>,” which measures the total number of addresses that belong to each of the wallet groups on the network.<\/p>\n

The addresses are divided into these “wallet groups” on the basis of the total amount of BTC that they are carrying in their balances right now. In the context of the current discussion, there are four such cohorts that are of interest: 0-0.01 coins, 0.01-1 coins, 1-100 coins, and 100+ coins.<\/p>\n

Naturally, an address belonging to any of these groups would have its balance inside the range of the group in question. So if the Supply Distribution is applied to these cohorts, it would tell us (among other things) the total number of addresses on the chain that satisfy the respective conditions.<\/p>\n

Now, here is a chart that shows the trend in the Bitcoin Supply Distribution for each of these four cohorts since the start of the year:<\/p>\n

\"Bitcoin<\/p>\n

Looks like only one of these metrics has continued to constantly grow in recent days | Source: Santiment on Twitter<\/a><\/pre>\n
The first of these groups, the 0-0.01 coins range, signifies the small retail holders of the market. From the above graph, it’s visible that these investors haven’t changed in number much lately as their Supply Distribution curve has been moving sideways over the past seven weeks. This would suggest that adoption among small investors isn’t rising for the cryptocurrency at the moment.<\/p>\n
Related Reading: Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims<\/a><\/div>\n
The second group of relevance (0.01-1 BTC) has also been moving flat recently, showing that retail investors as a whole have hit a state of stagnation on the network.<\/p>\n
Unlike these cohorts, though, the indicator’s value for the 1-100 coins group, which is sometimes popularly referred to as the “sharks<\/a>,” has only continued to climb higher in the past few months. This would imply that these decently-sized holders are still interested in buying the cryptocurrency, which could be a positive sign for the asset’s rally.<\/p>\n
While the sharks may hold some influence in the market due to the size of their holdings, they don’t hold nearly as much power as the largest cohort in the market: the whales<\/a>.<\/p>\n
These humongous investors with 100+ BTC can move around a large amount of coins on the network, and thus, can cause noticeable ripples in the market. Due to this reason, these holders’ behavior may be considered the most important to watch.<\/p>\n
As displayed in the graph, the number of whales on the network has observed a decline during the last couple of months, although the degree of the downtrend hasn’t been too much. Nonetheless, one fact remains: they haven’t been accumulating recently.<\/p>\n
Related Reading: Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal<\/a><\/div>\n
What these investors do next from here may be worth keeping an eye on, as Santiment explains that if they start buying again, the possibility of a breakout would greatly increase.<\/p>\n
BTC Price<\/h2>\n
At the time of writing, Bitcoin is trading around $29,300, down 3% in the last week.<\/p>\n
\"Bitcoin<\/p>\n
BTC has plunged during the past day | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Flavio on Unsplash.com, charts from TradingView.com, Santiment.net<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm Santiment, the number of whales on the Bitcoin blockchain has observed a slight decline during the last couple of months. The relevant indicator here is the “Supply Distribution,” which measures the total number of addresses that belong to each of the wallet groups on the network. The addresses are divided into these “wallet groups” on the basis of the total amount of BTC that they are carrying in their balances right now. In the context of the current discussion, there are four such cohorts that are of interest: 0-0.01 coins, 0.01-1 coins, 1-100 coins, and 100+ coins. Naturally, an address belonging to any of these groups would have its balance inside the range of the group in question. So if the Supply Distribution is applied to these cohorts, it would tell us (among other things) the total number of addresses on the chain that satisfy the respective conditions. Now, here is a chart that shows the trend in the Bitcoin Supply Distribution for each of these four cohorts since the start of the year: Looks like only one of these metrics has continued to constantly grow in recent days | Source: Santiment on Twitter The first of these groups, the 0-0.01 coins range, signifies the small retail holders of the market. From the above graph, it’s visible that these investors haven’t changed in number much lately as their Supply Distribution curve has been moving sideways over the past seven weeks. This would suggest that adoption among small investors isn’t rising for the cryptocurrency at the moment. Related Reading: Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims The second group of relevance (0.01-1 BTC) has also been moving flat recently, showing that retail investors as a whole have hit a state of stagnation on the network. Unlike these cohorts, though, the indicator’s value for the 1-100 coins group, which is sometimes popularly referred to as the “sharks,” has only continued to climb higher in the past few months. This would imply that these decently-sized holders are still interested in buying the cryptocurrency, which could be a positive sign for the asset’s rally. While the sharks may hold some influence in the market due to the size of their holdings, they don’t hold nearly as much power as the largest cohort in the market: the whales. These humongous investors with 100+ BTC can move around a large amount of coins on the network, and thus, can cause noticeable ripples in the market. Due to this reason, these holders’ behavior may be considered the most important to watch. As displayed in the graph, the number of whales on the network has observed a decline during the last couple of months, although the degree of the downtrend hasn’t been too much. Nonetheless, one fact remains: they haven’t been accumulating recently. Related Reading: Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal What these investors do next from here may be worth keeping an eye on, as Santiment explains that if they start buying again, the possibility of a breakout would greatly increase. BTC Price At the time of writing, Bitcoin is trading around $29,300, down 3% in the last week. BTC has plunged during the past day | Source: BTCUSD on TradingView Featured image from Flavio on Unsplash.com, charts from TradingView.com, Santiment.net<\/p>\n","protected":false},"author":542,"featured_media":543983,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,83982,87974,19064,1119,1144],"class_list":["post-543955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-accumulation","tag-bitcoin-sharks","tag-bitcoin-whales","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nBitcoin Sharks Continue Accumulation, But Whales Stagnate<\/title>\n<meta name=\"description\" content=\"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Sharks Continue Accumulation, But Whales Stagnate\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-24T14:30:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:11:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1709\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin Sharks Continue Accumulation, But Whales Stagnate\",\"datePublished\":\"2023-07-24T14:30:15+00:00\",\"dateModified\":\"2024-06-11T08:11:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\"},\"wordCount\":577,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\",\"keywords\":[\"bitcoin\",\"bitcoin accumulation\",\"Bitcoin Sharks\",\"Bitcoin whales\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\",\"name\":\"Bitcoin Sharks Continue Accumulation, But Whales Stagnate\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\",\"datePublished\":\"2023-07-24T14:30:15+00:00\",\"dateModified\":\"2024-06-11T08:11:39+00:00\",\"description\":\"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\",\"width\":2560,\"height\":1709,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Sharks Continue Accumulation, But Whales Stagnate\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/uniquehot.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate","description":"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate","og_description":"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-07-24T14:30:15+00:00","article_modified_time":"2024-06-11T08:11:39+00:00","og_image":[{"width":2560,"height":1709,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate","datePublished":"2023-07-24T14:30:15+00:00","dateModified":"2024-06-11T08:11:39+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/"},"wordCount":577,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","keywords":["bitcoin","bitcoin accumulation","Bitcoin Sharks","Bitcoin whales","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","name":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","datePublished":"2023-07-24T14:30:15+00:00","dateModified":"2024-06-11T08:11:39+00:00","description":"On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","width":2560,"height":1709,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/uniquehot.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Sharks Continue Accumulation, But Whales Stagnate","url":"http:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-sharks-continue-accumulation-whales-stagnate\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin accumulation","bitcoin sharks","bitcoin whales","btc","btcusd"],"dateCreated":"2023-07-24T14:30:15Z","datePublished":"2023-07-24T14:30:15Z","dateModified":"2024-06-11T08:11:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Sharks Continue Accumulation, But Whales Stagnate\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-sharks-continue-accumulation-whales-stagnate\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-sharks-continue-accumulation-whales-stagnate\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin accumulation\",\"bitcoin sharks\",\"bitcoin whales\",\"btc\",\"btcusd\"],\"dateCreated\":\"2023-07-24T14:30:15Z\",\"datePublished\":\"2023-07-24T14:30:15Z\",\"dateModified\":\"2024-06-11T08:11:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/07\/flavio-GjKPTkhni6Y-unsplash-scaled.jpg?fit=2560%2C1709","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/543955"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=543955"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/543955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/543983"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=543955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=543955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=543955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}